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Composite materials are comprised of at least two parts: the reinforcement, which provides special mechanical properties such as stiffness or strength, and the matrix material, which holds everything together. Ceramic matrix composites (CMCs) are a special type of composite material in which both the reinforcement (refractory fibers) and matrix material are ceramics. In some cases the same kind of ceramic is used for both parts of the structure, and additional secondary fibers may also be included. Because of this, CMCs are considered a subgroup of both composite materials and ceramics.
Ceramic matrix composites behave much differently from conventional ceramics, and are far different from the high-performance metal alloys that used to be implemented. Like ceramics, they are hard and stable at higher temperatures. But they are also very lightweight (one-third the weight of the nickel superalloys they often replace) and possess significantly greater fracture toughness and thermal shock resistance.
There is an extremely wide range of CMC applications, such as: Heat exchangers, Turbine blades, Stator vanes, High-performance braking systems, Immersion burner tubes, Bulletproof armor, Heating elements,etc. The list of uses is growing quickly, too. CMC components are used in Electrical Engineering, Spaceflight, Aviation, electrical, and electronics industries, just to name a few.
According to our (Global Info Research) latest study, the global Ceramic Matrix Composites (CMC) market size was valued at USD 1769.2 million in 2022 and is forecast to a readjusted size of USD 2199.4 million by 2029 with a CAGR of 3.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
GE Aviation, Safran, Rolls-Royce Group and CoorsTek are the top 4 players of Ceramic Matrix Composites, with about 52% market shares.
This report is a detailed and comprehensive analysis for global Ceramic Matrix Composites (CMC) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Ceramic Matrix Composites (CMC) market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Ceramic Matrix Composites (CMC) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Ceramic Matrix Composites (CMC) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Ceramic Matrix Composites (CMC) market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Ceramic Matrix Composites (CMC)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Ceramic Matrix Composites (CMC) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 3M Company, Applied Thin Films, COI Ceramics, SGL Carbon Company and General Electric Company, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Ceramic Matrix Composites (CMC) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Oxides
- SiC
- Carbon
- Others
Market segment by Application
- Aerospace
- Defense
- Energy & Power
- Electrical & Electronics
- Others
Major players covered
- 3M Company
- Applied Thin Films
- COI Ceramics
- SGL Carbon Company
- General Electric Company
- Ube Industries
- CeramTec International
- CoorsTek, Inc.
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Ceramic Matrix Composites (CMC) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Ceramic Matrix Composites (CMC), with price, sales, revenue and global market share of Ceramic Matrix Composites (CMC) from 2018 to 2023.
Chapter 3, the Ceramic Matrix Composites (CMC) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Ceramic Matrix Composites (CMC) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Ceramic Matrix Composites (CMC) market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Ceramic Matrix Composites (CMC).
Chapter 14 and 15, to describe Ceramic Matrix Composites (CMC) sales channel, distributors, customers, research findings and conclusion.